McGrady can't officially sign with the team until Friday when free agency actually begins. But teams have been allowed to speak to agents for more than a week and could negotiate directly with players as of Monday.

More than likely he'll be backing up Joe Johnson and will be the primary scoring option off the bench since Jamal Crawford will more than likely wearing another uniform this season.

If McGrady still has something left in the tank without getting hurt, it could be a bargain for the Hawks.